Nasdaq
Nasdaq OMX Group posted first-quarter earnings that missed analyst estimates on lower trading revenue and is initiating a dividend.
McCaffrey
The SEC approved a request by Citigroup to allow Kevin McCaffrey to work as chief of equity sales in the Americas. In 2005, McCaffrey, was fined $120,000 and prohibited from working as a securities industry supervisor for 15 months.
News Corp.
News Corp. Chairman Rupert Murdoch repeatedly told a UK judge-led public inquiry into press ethics that he hadn’t asked prime ministers for favors.
Icahn move
Billionaire Carl Icahn dropped a lawsuit against Amylin Pharmaceuticals over a corporate bylaw that blocked investors from ousting directors who rejected a Bristol-Myers Squibb takeover offer.
Name in lights
Viacom will get its name on 1515 Broadway and expand into the rest of its Times Square skyscraper under a new lease for 1.6 million square feet signed with SL Green Realty. The media company’s lease will run through 2031.